Polygon (MATIC) Price Prediction: MATIC Advances Above $1.50, But Lacks Conviction To Move Further - BitcoinEthereumNews.com
ที่มา: มุมมองการซื้อขาย On the daily chart, Polygon (MATIC) has been trading in a downside chanel with classic lower high lower low formation. After devaluating almost 55% from the record highs the price ultimately found some reliable support near the ‘Tripple bottom’ formation around $1.35. Every time price tested the price level MATIC has seen significant gains since November. Inside the downward price chanel, Polygon (MATIC) has sliced below the 50-day Exponential Moving Average (EMA) at $2.20. Investors make an attempt to retest the 50-day moving average at $1.87 the price retraced 28% to the recent lows of $1.34. This also coincides with the formation of a ‘hammer’ candlestick, which is a bullish formation. If the price is able to crosses the 50-day EMA, the next upside target is placed at the bearish slop line at $1.83. A daily or weekly close above this level is essential to meet the psychological $2.0 level. On the other hand, with a resurgence in the selling pressure, the price could move back to the lows made on Tuesday at $1.34. Investors would next to keep an eye for $1.26, levels last seen in October. ตัวชี้วัดทางเทคนิค: RSI: The Daily Relative Strength Index (RSI) just move toward the moving average line with a bullish bias. MACD: